Kenny Polcari: Tech, Treasuries, the Election, and a Major Distraction

Kenny Polcari is Chief Market Strategist at Slatestone Wealth. In this interview, he shares his take on current stock market conditions and how he sees things playing out for investors later this summer and year. He notes the technology sector is “so, so stretched” and needs to take a breather, and says other groups like small- and mid-cap stocks (SMIDs), industrials, and transports will likely start outperforming instead. Kenny further explains why high-dividend payers like utilities are a great option versus CDs and short-term Treasuries because they give you nice yields PLUS liquidity and stock market exposure.

You’ll also get his take on the Fed and why you can’t let the “conflicting conversation and narrative out there” from various monetary policymakers distract you from your investing plan. He explains why and when Wall Street will start paying more attention to the upcoming presidential election. AND he gives a sneak peek at what he’ll discuss at our upcoming Investment Masters Symposium in Las Vegas, set for Aug. 8-10, 2023 at the Paris Las Vegas. Go to moneyshow.com for more information.